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Finance Dictionary and Glossary of Investment Terms
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Definition 1.
Refers to the base support level for market prices of any type. Also used in the context of securities to refer to the lowest market price of a security during a specific time-frame.
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Definition 2.
The lowest point or price for a financial security or index, which is then followed by an increase.
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Definition 3.
The lowest price reached for a given security over a given period of time. opposite of top.
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